Police Pension Fund Board Minutes 2008 02-12-08 Yorkville Police Pension Fund Board
804 Game Farm Road
Yorkville, I160560
(630) 553-4340
5:OOPM on Feb 12, 2008
Police Department Conference Room
Meeting Cancelled due to lack of quarum.
Rescheduled for Feb 2e @ 5:30 P'til
Same Agenda
Attachments:
Treasurer's Report as of Jan 31,2008
Northern Trust Company collateralization letter dated Nov 13, 2007
Memo to Glen Calvert for adjusted service date,
Memo to Mitchell Vaught, and Taylor stating net fund assets over$25 million
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Meeting Call to Order:
Roll Call:
Previous Meeting Minutes: Nov 13, 2007 Corrections/Approval
Communications:
Treasurer's Report:
Real Estate Tax Levy checks
Nov. 13, 2007: 152,551.62
Nov. 27, 2007: 31 712.23
Jan 08, 2008: 10,806.12
Motion to Approve:
Bills for Payment:
MVT management fees: 1/1/08 to 3/31/08
From Schwab#3137-9036 $ 2,97100
Cary Collins: $ 600.00
Bill Powell: $ 237.50
Total Bills $ 3,810.50
Motion to Approve:
Investments:
Progress Reports from Mitchell, Vaught, and Taylor
Money transfers from YNB to Charles Schwab& Co
Pay to: Charles Schwab&Co.
Mail to: Institutional Client Service Group
P. O. Box 628290
Orlando, F1 .32862-9906
Unfinished Business:
Glen Calvert: Service date calculation
Officer Pleckham to review personnel files
New Business:
Revised asset allocation based on net fund balance exceeding$2.5 million.
Additional Business:
Fiscal Analysis of Illinois Pensions
2008 Meeting Dates: Tuesdays 2/12, 5/13, 8/12, 11/18 @ 5PM
Adjournment:
Motion to Approve:
2008 Meeting Dates: Tuesdays 2/12, 5/13, 8/12, 11/18 @ 5PM sic: PoHoe\agenda\agenda Feb 122008 doc